Report Says Winnipeg Transit in Shortfall Due to Frozen Funding from Province

Report Says Winnipeg Transit in Shortfall Due to Frozen Funding from Province

By The Canadian Press

Stadium Station - Rapid Transit
Winnipeg Transit buses staging at the Investors Group Field rapid transit station in July 2017. (CHRISD.CA FILE)

WINNIPEG – Winnipeg bus riders may have to deal with fare hikes and service cuts down the road.

A new report to the city’s finance committee says the transit department is facing a $10.6 million gap.

It says the majority of the shortfall is attributed to frozen funding levels from the province for transit.

The report says the budgetary shortfall from the province will persist for years, and pegs the amount this year at $8.1 million.

The report says additional fare increases and reduced service levels needs to be contemplated.

It also blames a decrease in fare revenue for the deficit.

A corresponding report says this is impacting the city’s overall bottom line and deficit.

It’s asking council to use money from the city’s rainy day fund that would drain it down below recommended levels.

(CTV Winnipeg)

CP - The Canadian Press


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